Long Island Association Of The Motion Picture Arts

Charity Navigator Rating: 31%

The Long Island Association of the Motion Picture Arts has received a low rating of 31%, resulting in a Zero-Star out of Four Stars designation. This score highlights significant concerns regarding the organization’s accountability and financial practices, particularly the absence of independent board members and the lack of essential policies like conflict of interest and whistleblower protections. These factors collectively suggest a need for improvement in governance and oversight.

Despite some positive aspects, such as the absence of material diversion of assets and a favorable liabilities to assets ratio, the organization struggles with transparency and documentation. Notably, it does not provide board meeting minutes or post its tax forms on its website, further complicating efforts for oversight and public trust.

While the program expense ratio shows that just over half of its expenses are allocated to programs, this figure is low compared to best practices in the nonprofit sector. The organization would benefit from addressing these governance gaps and improving its financial transparency to enhance its credibility and effectiveness in serving its mission.

This AI summary has been generated from information found on Charity Navigator.

Long Island Association Of The Motion Picture Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Long Island Association Of The Motion Picture Arts submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $6,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,700

For more financial information, click here

Official website here: www.limpacm.org